Hero Wars RPG is the main revenue generator for Nexters.
Hero Wars RPG is the main revenue generator for Nexters.
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Russian mobile game publisher Nexters will go public via a SPAC at $1.9 billion value

  • Posted byby Dean Takahashi
  • Updated
  • 3 min

Mobile game developer and publisher Nexters Global announced it will go public, raising money at a $1.9 billion enterprise value via a special purpose acquisition company (SPAC).

Nexters, which is based in Cyprus and has development operations in Eastern European cities such as Moscow, has struck a deal to merge with Kismet Acquisition One, a SPAC formed to take a private company public. Nexters’ biggest game is Hero Wars RPG, a role-playing game with more than 36 million downloads on iOS and Android in 2020.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.